The benchmark interest rate in Iraq was last recorded at 4 percent. source: Central Bank Of Iraq

Interest Rate in Iraq averaged 6.26 percent from 2004 until 2022, reaching an all time high of 20 percent in December of 2007 and a record low of 4 percent in March of 2016. This page provides the latest reported value for - Iraq Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Iraq Interest Rate - values, historical data and charts - was last updated on August of 2022.

Interest Rate in Iraq is expected to be 4.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Iraq Interest Rate is projected to trend around 4.00 percent in 2023, according to our econometric models.

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Iraq Interest Rate

Related Last Previous Unit Reference
Interest Rate 4.00 4.00 percent May 2022
Money Supply M1 27887.00 26979.00 IQD Billion Jun 2022
Money Supply M0 117863.00 114738.00 IQD Billion May 2022
Money Supply M2 146281.00 146300.00 IQD Billion May 2022
Cash Reserve Ratio 13.00 13.00 percent Sep 2021

Iraq Interest Rate
In Iraq, interest rates decisions are taken by the Central Bank of Iraq. The official interest rate is the Policy Rate.
Actual Previous Highest Lowest Dates Unit Frequency
4.00 4.00 20.00 4.00 2004 - 2022 percent Daily